FedEx Corporation (FDX) has a current share price of $154.92 and is expected to have...
50.1K
Verified Solution
Link Copied!
Question
Finance
FedEx Corporation (FDX) has a current share price of $154.92 and is expected to have earnings per share (EPS) next year of $12.18 per share. Analysts expect that FedEx's closest competitor, United Parcel Service, Inc. (UPS), will have earnings next year of $8.07 per share. FedEx's cost of capital is 11%. What is your current estimate of the value of one share of UPS stock using the method of comparables? O A. $73.36 B. $150.81 C. $12.72 D. $102.64 E. $233.82 OF. None of the above is withing $0.35 of the value of one share of UPS stock
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!